Search Results for: Scotland
PwC builds identity and access management capability with acquisition of Praxism UK
January 25th, 2016
PwC is strengthening its fast-growing cyber security practice with the acquisition of Praxism, an Edinburgh-based consultancy specialising in identity and access management (IDaM). Praxism is renowned for solutions to effectively tackle staff, customer and consumer identity management problems faced ...
Major UK banks plan robo-advice launches
January 25th, 2016
Major High street banks are moving into robo-advice world as part of their return to the mass advice market. The Financial Times reported that Barclays, Royal Bank of Scotland (RBS), Lloyds and Santander are developing online offerings for their ...
Six Banks Negotiating Settlement in Swiss Libor Probe
January 25th, 2016
Swiss regulator: `We won’t go for a settlement at any price’ Settlement would resolve one of few remaining Libor probes At least six banks targeted in Switzerland’s investigation into Libor-rigging are in settlement talks with the country’s competition regulator, ...
R3 brings eleven major global financial institutions together on a cloud based distributed ledger
January 21st, 2016
Financial technology innovation company, R3 CEV, today announced the successful completion of a ground breaking distributed ledger experiment involving eleven of the world’s largest financial institutions. R3 and consortium member banks Barclays, BMO Financial Group, Credit Suisse, Commonwealth Bank of ...
RBS partners with New Change to deliver independent TCA FX tool
January 19th, 2016
The Royal Bank of Scotland plc (“RBS”) has chosen New Change Currency Consultants Limited (“NCFX”) to deliver an independent way for large corporate and financial institution customers to measure “slippage” and run a portfolio analysis of their currencies trades ...
Societe Generale predicts collapse of the eurozone
January 14th, 2016
Societe Generale seconds RBS doomsday prophecy and predicts collapse of the eurozone Albert Edwards, a strategist at Société Générale bank, has warned of an impending global financial crisis similar to the one that occurred in 2008-09. This time, he ...
Law firms win pay battle with RBS as Clifford Chance, Linklaters and Allen & Overy reappointed
January 12th, 2016
The tug of war between The Royal Bank of Scotland and its go-to law firms over a proposed pay freeze ended in victory for the lawyers, as Magic Circle firms Clifford Chance (CC), Linklaters and Allen & Overy (A&O) won appointments to the bank’s legal ...
RBS closes Luxembourg deal with BlackFin
January 5th, 2016
RBS (Luxembourg), formerly part of the UK’s Royal Bank of Scotland group, has been renamed FundRock Management Company as the sale of it to private equity firm, BlackFin Capital Partners, closes. Royal Bank of Scotland’s trustee and depositary business established RBS ...
Cyprus: Haircut battle due to kick off within weeks
January 4th, 2016
A GRAND Chamber comprising 15 judges of the European Court of Justice (ECJ) will hear a number of appeals brought by Cypriot bank depositors, who lost their money in the March 2013 ‘haircut’ against the European Commission and the ...
CCI approves acquisition of RBS India wealth management biz by Sanctum Wealth
December 30th, 2015
Royal Bank of Scotland (RBS), in September, signed an agreement to transfer the India private banking operations to Sanctum Wealth Management. Fair trade regulator Competition Commission of India (CCI) has approved the acquisition of Royal Bank of Scotland Group’s ...
